1. LESSON 3-2 Examples? Check Receipt Memos Sales invoice Calculator Tape
6/26/2018
What is a source doc?
Examples?
Check
Receipt
Memos
Sales invoice
Calculator Tape
GREEN

2. How is it always set up?
LESSON 3-2

3. PAID CASH FOR INSURANCE
page 63
August 4. Paid cash for insurance, $1, Check No. 2. 1 2 3 4
1. Write the date in the Date column.
2. Write the title of the account debited. Write the debit amount.
3. Write the title of the account credited. Write the credit amount.
4. Write the source document number in the Doc. No. column.
LESSON 3-2

4. BOUGHT SUPPLIES ON ACCOUNT
page 64
August 7. Bought supplies on account from Supply Depot, $ Memorandum No. 1. 2 1 4 3
1. Write the date in the Date column.
2. Write the title of the account debited. Write the debit amount.
3. Write the title of the account credited. Write the credit amount.
4. Write the source document number in the Doc. No. column.
LESSON 3-2

5. PAID CASH ON ACCOUNT
page 65
August 11. Paid cash on account to Supply Depot, $ Check No. 3. 2 1 4 3
1. Write the date in the Date column.
2. Write the title of the account debited. Write the debit amount.
3. Write the title of the account credited. Write the credit amount.
4. Write the source document number in the Doc. No. column.
LESSON 3-2

6. Text Pg 67 Workbook pg 37 - continue problem from yesterday
LESSON 3-2

7. Problem 3-1, 3-2 –Workbook pg 41
Pg 70 Textbook
Problem 3-1, 3-2 –Workbook pg 41
LESSON 3-2

8. Closure How is a Journal Entry always set up?
What does Double – Entry Accounting mean?
Both the debit and credit are recorded, reflecting the dual effect of each transaction on the businesses records.
Why are source documents necessary?
Example from yesterday?
LESSON 3-2